CRE released September vacancy rates for large warehouses by region. The vacancy rate in Greater Tokyo was 7.57%, with rates declining in 3 of 4 regions.
CRE issued the September 2026 edition of its Market Report, which summarizes trends in the large warehouse leasing market. The report covers four regions, Greater Tokyo, Kansai, Chubu and Kyushu, and focuses mainly on the market for large warehouses. It also provides data on leased small and medium-sized warehouses.
The vacancy rates by region and changes from the previous quarter are as follows. The vacancy rate in Greater Tokyo was 7.57%, down 0.79 percentage points from the previous quarter; Kansai was 3.86%, up 0.38 points; Chubu was 16.67%, down 1.55 points; and Kyushu was 11.48%, down 1.79 points.
For small and medium-sized warehouses in Greater Tokyo, the vacancy rate was 0.86%, up 0.16 points from the previous quarter. Overall, vacancy rates for large warehouses are trending lower in some regions, although increases and decreases are mixed in parts of the market, including Kansai and Kyushu.
The report is scheduled to continue summarizing and publishing market trends quarterly. Free membership registration is offered to access the download link.